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Adriana Trujillo

Goldman Sachs to invest $150 billion in clean energy - Fortune - 0 views

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    Goldman Sachs has committed to investing $150 billion in clean energy technology by 2025. The bank will focus its spending on wind and solar projects as well as energy-efficiency measures. Kyung-Ah Park, Goldman's head of environmental markets, said more renewable projects would be installed this year than traditional systems, even though the economy is still in the early stages of shifting to clean energy
Adriana Trujillo

Apple, Google and bribing employees to hit corporate climate goals | GreenBiz - 1 views

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    Google, Apple, Bank of America, Best Buy, HP and Microsoft are among those giving financial incentives based on sustainability metrics a shot, according to a round up of corporate disclosure documents released this week by the environmental nonprofit CDP.
Adriana Trujillo

European Commission Offering €24B to 'Help Risk-Takers Make The Leap' to a Ci... - 0 views

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    On Thursday, the European Commission and the European Investment Bank (EIB) announced changes to EU financial tools to help circular economy projects and businesses secure funding and support the realization of EU climate goals. The changes open €24 billion (~US$26.4B) in funding for businesses looking to transition to a circular economy model.
Adriana Trujillo

Finally, Real Action from Big Banks on Deforestation | Sustainable Brands - 0 views

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    This month BNP Paribas, the world's seventh-largest financial institution, announced a new palm oil policy that sets responsible palm oil production as a pre-condition for financing. The policy requires that companies receiving financing protect forests and indigenous people. It also requires companies to adhere to strict human rights and labor standards, end the use of hazardous pesticides, and reduce greenhouse gas emissions, among other significant measures. The move charts a new path for responsible financing that all major financial institutions should follow - or else face the growing consumer backlash against environmentally destructive institutions.
Del Birmingham

Morgan Stanley's low-carbon financing plan brings big bank pledges to $1 trillion - Hou... - 0 views

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    Morgan Stanley said it plans to pour $250 billion into low-carbon financing over the next 12 years, funding renewable energy and clean tech ventures and underwriting so-called sustainable bonds, which are debt for environmental projects.
Adriana Trujillo

Why JPMorgan Chase committed $200 billion to 'clean' financing | GreenBiz - 0 views

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    JPMorgan Chase has committed to using renewable energy to meet 100% of its global energy needs by 2020. The bank also committed to facilitating $200 billion in clean financing through 2025.
Adriana Trujillo

66 million trees planted in 12 hours in India | MNN - Mother Nature Network - 0 views

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    The Madhya Pradesh government in India spearheaded an environmental campaign last weekend in which some 1.5 million volunteers planted 66 million trees in 12 hours along the banks of the Narmada River. India, the world's third-largest generator of carbon emissions, has committed under the Paris Agreement to increase its forests by 12% by 2030.
Del Birmingham

Leading businesses speed energy transition at Climate Week NYC 2017 | The Climate Group - 1 views

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    Announced today at Climate Week NYC 2017 in New York, global financial institutions Citi and JPMorgan Chase & Co. have joined The Climate Group's RE100 campaign with CDP, committing to source 100% renewable power across their global operations by 2020. Other companies joining the RE100 initiative are one of the fastest-growing beverage companies, Califia Farms, and UK investment management company Jupiter Asset Management. The announcements follow news last week that The Estée Lauder Companies, Kellogg Company, DBS Bank and Clif Bar & Company have also joined RE100. 110 of the world's most influential companies are now generating demand for over 150 TWh renewable energy annually - more than enough to power New York State.
Adriana Trujillo

Natural Disasters Already Cost $40 Billion A Year. It Could Get A Lot Worse. - 0 views

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    Thirty years ago, natural disasters cost about $14 billion annually, while today that number is closer to $40 billion, a report by World Bank's Global Facility for Disaster Reduction and Recovery reveals. Experts point to climate change as one cause of increased instances of natural disasters.
Del Birmingham

Young people have the power to create change | #Connect4Climate - 0 views

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    "As long as you have a good message you can create a great movie," Sharp advised, reminding the audience of the power of social media to raise awareness. The young filmmaker is certain that climate change is a matter that interests and concerns youth around the world. He also explained that he filmed 'Three Seconds' in order to create a motivational video focused on the impacts of global warming.
Brett Rohring

Ford and Microsoft invest in $1 billion bond for climate projects | GreenBiz.com - 0 views

  • Ford and Microsoft were among investors in a $1 billion green bond launched last week to support "climate smart" investments in emerging markets.
  • Proceeds of IFC green bonds are used for private sector investments in renewable energy, energy efficiency and other areas that reduce greenhouse gas emissions, such as installing solar and wind power capacity and providing financing for technology that helps produce energy more efficiently.
  • IFC said in a statement that the bond transaction, jointly led by BofA Merrill Lynch, Citigroup, Crédit Agricole CIB and SEB, was heavily oversubscribed and sized to address the demand from "an increasing number of investors interested in climate-related opportunities."
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  • It marks the second $1 billion green bond transaction this year from the International Finance Corporation (IFC), an Aaa/AAA rated global development institution and member of the World Bank Group.
  • Bond issues are seen as an increasingly important way to raise funds for green projects, with the green bond market now estimated at $346 billion after doubling over 2012.
Del Birmingham

Banning food waste: companies in Massachusetts get ready to compost | Guardian Sustaina... - 0 views

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    Massachusetts recently enacted the most aggressive mandatory composting program in history, to affect supermarkets, colleges, nursing homes, and prisons.
Brett Rohring

5 reasons the thirst for water technology will grow in 2014 | GreenBiz.com - 0 views

  • Here are five factors driving the urgent need for better global water efficiency.
  • 1. Population trends translate into bursting demand
  • The United Nations figures that 1.2 billion people (about one-fifth of the world's population) are challenged by water scarcity
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  • The bottom line is that water availability will be a major investment consideration in business expansion plans around the world.
  • Just one example from the United States: In Chandler, Ariz., Intel has negotiated a unique relationship with the city to clean and return water tainted by its wafer manufacturing operation back to the local aquifers. Chandler owns the technology to do this, but Intel has helped make that investment possible. Both sides benefit
  • 2. Sanitation, irrigation needs transform wastewater treatment
  • most wastewater is still wasted: in high-income countries, the treatment rate is 70 percent, but it falls to just 28 percent for lower-middle-income nations and 8 percent in low-income economies.
  • 3. Utility costs are rising quickly
  • 4. Distribution networks are aging rapidly
  • Overall, the World Bank estimates the annual global value of water lost by utilities at $14 billion. The average U.S. utility pours up to 30 percent down the drain through leaks or un-billed usage.
  • 5. Data centers guzzle more water
Adriana Trujillo

Dow's plan to bank $1 billion on natural capital by 2025 | GreenBiz - 0 views

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    The chemical giant's new sustainability goals also include a renewable energy commitment and a deeper focus on closed-loop manufacturing.
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